Summary Balance Sheet
at 31 August 2015
2015 2014
(£’000) (£’000)
FIXED ASSETS
Tangible fixed assets
Investments
88,073
185,923
79,228
165,470
Net current assets
273,996
1,919
244,698
5,722
TOTAL ASSETS LESS CURRENT LIABILITIES
275,915
250,420
Other liabilities and provisions
NET ASSETS
(8,417)
(7,787)
267,498
242,633
Endowed funds
Restricted funds
Unrestricted funds
239,338
1,979
26,181
217,759
2,221
22,653
267,498
242,633
Represented by:
Report by the trustees on the Summarised Financial Statements
The summarised financial statements on pages 50 and 51 are extracted from the full annual Report and Financial
Statements, which were approved by the Warden and Fellows and signed on their behalf on 5 December 2015
and on which the auditors Crowe Clark Whitehill LLP gave an unqualified audit report on 10 December 2015.
The auditors have confirmed to the Warden and Fellows that, in their opinion, the summarised financial
statements are consistent with the full financial statements for the year ended 31 August 2015.
These summarised financial statements may not contain sufficient information to gain a complete understanding
of the financial affairs of the charity.
The full Report of the Warden and Fellows, Financial Statements and Auditors’ Report may be obtained from
the Chief Accountant at the College.
Signed on behalf of the Warden and Fellows.
CHARLES SINCLAIR
February 2016
The Wykeham Journal 2015 51